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As Long As Banks Remain a Protected Species – White-Collar Crime Will Continue to Flourish

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As Long As Banks Remain a Protected Species – White-Collar Crime Will Continue to Flourish Answer to Terms of Reference (G) Any other related matters: As long as Banks remain a protected species – white-collar crime will continue to flourish. Please find attached submission - Suncorp Bank: Misleading and deceptive conduct - obtaining a financial and property advantage by deception It destroyed our $500 million eco-city project - Our Banks and the legal industry exploit our deplorable financial, legal and real estate industries, without adequate checks and balances in their administration systems, i.e: without legal requirement for notary verification of signatures on real estate contracts, they are not worth the paper written on. - failure of legal requirements for lenders to verify deposit payments on or prior settlement provide a perfect highway for white-collar crime. Even the official Police investigation of criminal fraud by the offenders is a struggle - could corruption stretch that far? It took a Fitzgerald Inquiry to uncover corruption and forgery of a Premier’s signature by a Police Commissioner - Proof that anything is possible in Queensland - transparency to-day? Please advise if you require any further details - a Media Release is ready - pending a satisfactory response from our esteemed politicians at every level, including the Premier and Federal Att. Gen Not much seems to have changed since our early convict days. Yours sincerely, Wim Bannink Real Estate financing fraud – finance from Suncorp Bank Signature and contract forgeries – deception – cover-ups – alleged corruption Suncorp Bank (Suncorp) denied physical existence of signature forgeries, a fraudulent contract and documents they had relied upon in their loan approval process. The unwitting buyer was overseas and in her absence had not seen, nor signed that contract, nor had she signed any finance applications for a loan or mortgage documents for that contract. Suncorp relied upon that contract to approve a loan for a $1,050,000.00 sale and settled with the vendor, in the absence of and without knowledge/approval of the ‘buyer’ and seller’s agent. Upon her return to Australia, the defrauded buyer demanded copies of all documents she allegedly had signed, which Suncorp was unable to furnish, referred her to a Sydney based broker, who referred her to the solicitor who declared that he had destroyed all relevant documents. Suncorp was notified that the seller had submitted fraudulent documents including a false Title transfer, voiding the sale and the loan – Suncorp investigated and found no fraudulent documents. Suncorp possessed- and concealed- a fraudulent contract bearing forged witness signatures and ignored the discovery of another 2nd contract forgery – an iron-clad case of fraud! The evidence confirms fraud, deception, signature forgeries and fraudulent documents, The Bank possessed the concealed fraudulent contract and after the seller’s agent alleged contract fraud, Suncorp had a serious fiduciary duty to responsibly inspect the documents and is legally liable for their unconscionable declaration that the allegations were ‘entirely without substance’. Suncorp was eventually forced to disclose the documents they had relied upon for loan approval, which exposed the cover-up of the contract, bearing the signature forgeries of the witness. Suncorp engaged in misleading and deceptive conduct in the Supreme Court - obtaining judgment debt against the defrauded buyer for her refusal to pay for an illegal loan/mortgage, relying upon a fraudulent contract that procured that mortgage. No solicitor wishes to bring a case against a Bank for ‘misleading and deceptive conduct’, let alone for ‘obtaining a financial and property advantage by deception’. Fear of intimidation is obvious, as solicitors and the legal industry are linked to the engineering and execution of ‘finance lending’ products, as are accountants, who fear the hand that feeds them – hence the prevalence of white-collar crime. There literally are no ethical standards in the banking and financial industry to-day. Irrational Police fraud investigation performance, raises legitimate suspicions of allegedly ‘corrupt’ influence by ‘Suncorp’ on Senior Queensland Police and questions the integrity of the investigation. Other than a Parliamentary Inquiry (‘Fitzgerald’ style) or a Royal Commission, how else can the public get justice and charge a Bank for absurd, irrational, unconscionable, misleading and deceptive conduct, which obtained a financial and property advantage by deception. The newly created Qld. Crime and Corruption Commission (CMC) has the power to deal with this. Wim Bannink - 1 December 2014 .
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